Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

-PTI Issues concerning the regulation and development of real estate were discussed today by the government with various stakeholders including representatives of state governments, industry associations, consumer welfare groups, and technical and legal experts.  The Ministry of Housing and Urban Poverty Alleviation, headed by Kumari Selja, held consultations here with stakeholders on Real Estate (Regulation and Development) Bill, 2011 on which the government had invited suggestions from the public a few months...

Without equality, democracy and social justice, which are three interrelated factors, secularism cannot exist as a positive value in society. I HAVE known Prof. Romila Thapar for about 45 years, most of it as a colleague at the Centre for Historical Studies of Jawaharlal Nehru University, New Delhi. Romila, as she is called by almost everybody – from her eight-year-old grandnephew to all of us present here – had helped to...

Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. The single-premium policy, which the finance ministry is considering, is likely to be available only for women in the first phase. The premium will be shared by the Centre and the state...

India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...